Reconciliation Officer - ING502

At INGOT, we believe in building high-performing teams where everyone is in the right seat – not just filling a role but thriving in it. Our approach emphasizes getting the right people in the right positions to drive business growth and success.

Here’s what that means for YOU:

You’ll excel at what you do because you’re in a role that aligns with your skills and passions

You’ll be aligned with our core values - High Ethics, Commitment and Innovation – we’re looking for team members who get it, want it, and have the capacity to do it

We want you to thrive in an environment where your contributions matter, and you can make an impact on our mission.

If you’re a high-energy, results-driven professional who’s ready to take on a role that matches your expertise and values, we’d love to connect! Check out the details below and see if this is the right fit for you.

Purpose of Role/Summary:

The primary purpose of this role is to ensure the accuracy and integrity of financial records through the reconciliation of client and company transactions and balances, including those related to banks, PSPs, liquidity providers, client liabilities, and intercompany accounts. The role further entails the timely identification and escalation of any irregularities to management, as well as the coordination with relevant teams to facilitate effective resolution.

Main Activities and Responsibilities:

Daily reconciling in Excel of all the company’s bank payment methods (banks, PSPs, EMIs) with the accounting system

Reconciliation of MT Balances and Equity reports to ensure alignment between MT balances and equity reports through regular reconciliation, review, and investigation of variances

Performing Client Equity reconciliations as per the relevant regulations, confirming with the treasury team daily that adequate funds are kept segregated to cover client equity in each entity

Ability to identify errors and responsibility to investigate and resolve any discrepancies in a timely manner

Daily upload and reconciliation of company’s bank payment methods (banks, PSPs, EMIs) in the accounting system

Communicating with the company’s Payment, treasury and dealing departments or other relevant departments to investigate discrepancies

Monitor outstanding reconciliation items and follow up on pending adjustments to ensure timely closure

Preparation of any ad-hoc reconciliations requested by the management.

Required Skills & Experience:

Degree in Accounting and Finance or a Business-related field

1-2 years’ experience in the Forex industry in a relevant position if the academic qualification comes from a different field other than the ones mentioned above

Certification in Trading/Financial services will be considered an advantage

English (written and spoken), Arabic language will be considered an advantage

Advanced Computer literacy, especially of MS Excel

Experience with AI tools will be considered an advantage

SAP experience will be considered an advantage

Analytical abilities and investigative skills

Excellent communication and monitoring skills

Comfortable working in a high-pressure environment and meeting strict deadlines

Strong attention to detail and ability to identify issues and following through to resolution

Able to adjust easily to any new product and payment method on board by the company.

Further Info:

Working hours are 08:00 – 17:00 Monday to Friday

The role is in Limassol, Cyprus

Friendly and fun working environment

23+ days annual leave entitlement (Cyprus)

Hybrid working

Flexitime

A competitive compensation package which includes great benefits

Monthly social activities